Kratikal Tech IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.20x | 5.09x | 145.82x |
| NII | 2.41x | 14.44x | 324.99x |
| bNII > ₹10L | 3.26x | 19.56x | 324.99x |
| sNII 2-10L | 3.26x | 19.56x | 324.99x |
| Retail | 3.04x | 22.96x | 218.44x |
| Total | 2.38x | 15.92x | 220.76x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 184.81 | 206.45 | 322.58 | 236.50 |
| Expense | 154.97 | 175.85 | 261.43 | 186.96 |
| Profit (PAT) | 32.10 | 34.44 | 28.13 | 38.69 |
| Total Assets | 251.58 | 339.25 | 455.49 | 561.34 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| Kratikal Tech This IPO | 6.85 | - | 36.67 | 18.67 |
| Powerica Limited | 15.26 | 24.45 | 15.37 | 99.76 |
| Cummins India Limited | 72.15 | 64.13 | 26.45 | 272.78 |
| Kirloskar Oil Engines Limited | 33.71 | 43.24 | 15.85 | 212.60 |
| NTPC Green Energy Limited | 0.67 | 129.40 | 2.58 | 21.88 |
| Acme Solar Holdings Limited | 4.55 | 50.74 | 5.59 | 74.54 |
| Adani Green Energy Limited | 8.37 | 101.53 | 11.90 | 76.62 |
Promoters & Holding Pattern
Promoters: Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 81,60,545 | 72.58% |
| Promoter Holding Post Issue | 1,11,00,545 | 53.36% |
Strengths & Risks
- Heavily oversubscribed — 220.8x overall (so far).
- Strong institutional (QIB) demand — 145.8x.
- Revenue grew 56% in the latest reported year.
- Solid profit margin — 8.7%.
- Strong return on equity — 47%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Kratikal Tech
Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology. The firm helps businesses with its two segments: 1) People Security Management, which includes protecting businesses from cyber risks caused by human error, such as phishing, social engineering, and credential theft. 2) Technology and Process Security Services, which include protecting the organization’s IT systems and security processes with Vulnerability Assessment and Penetration Testing (VAPT), Governance, Risk and Compliance (GRC), and AI-driven Vulnerability Management. Its product range caters to a wide range of clients across BFSI, fintech, telecom, IT/ITES, healthcare, and manufacturing sectors, both domestic and international markets.
Company Contact Information
Kratikal Tech Ltd., 5th Floor A-5 Sector 68,, Grovy Optiva,, Gautam Buddha Nagar,, Noida, Uttar Pradesh, 201301
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources. | 23.08 |
| Investment in product development | 9.23 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Kratikal Tech IPO - Quick Take
Kratikal Tech has set a price band of Rs 128–Rs 135 per share for an issue size of Rs 40 crore. The stock listed with a 42.22% gain versus its issue price on July 07, 2026.
The issue is promoted by Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa with Beeline Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketi… (Rs 23 crore) and investment in product development (Rs 9 crore).
On fundamentals, the company is posting revenue growth of 56.3%, a profit margin of 8.7%, return on equity of 46.8% in its most recent reported period. Listed peers in this segment include Powerica Limited (P/E 24.45x) and Cummins India Limited (P/E 64.13x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Kratikal Tech IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 54.1%. Of the 32 SME IPOs we have tracked with a final GMP of 25% or more, 32 listed above, 0 flat and 0 below the issue price; Kratikal Tech listed 42.2% above its issue price.
See the full Kratikal Tech GMP history and trend, or learn how grey market premium works and how reliable it is.
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